Fidelity Select Industrials Portfolio (FCYIX)
Fidelity Select Industrials Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $47.78, down 0.06% on the session, giving a market capitalisation of $836.5M. Its beta of 1.33 implies it has historically moved more than the broad market.
This portfolio chiefly allocates its capital to common shares. A substantial portion, specifically at least 80% of its assets, is typically concentrated in enterprises whose core business revolves around the industrial sector, whether through the invention, production, marketing, supply, or distribution of industrial goods, services, or machinery. The fund's holdings encompass both U.S.-based and foreign entities. Investment selection is driven by comprehensive fundamental analysis, assessing elements such as an issuer's financial stability, its competitive standing, and the prevailing economic and market environment. Notably, this fund operates as a non-diversified investment vehicle.
Fidelity Select Industrials Portfolio is most often compared with the following Financial Services names: